State Bank of Cuba
Cuba, IL · Owner: Cuba Bcorp Inc
$18.3M
total assets, September 30, 1986
$18.3M
total assets, September 30, 1986
State Bank of Cuba was a state nonmember bank in Cuba, IL, owned by Cuba Bcorp Inc. It failed on Jan 9, 1987, and National Bank Of Canton took over its deposits. At its last report it held $18.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Jan 9, 1987
- Assets
- $18.3M
- Deposits
- $17.7M
- Estimated cost
- $2.5M
- Deposits went to
- National Bank Of Canton, Canton, IL
Total assets
$18.3M
-12.7% in a year · -7.2% in a quarter
Deposits
$17.7M
-8.5% in a year · -5.0% in a quarter
Loans
$8.8M
-22.2% in a year · -8.2% in a quarter
Profit so far
-$669K
Jan 1 to Sep 30, 1986
Capital ratio
2.07%
-4.47 pts in a year
Return on assets
-4.58%
-2.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Cuba, IL, 61427
- County
- Fulton
- Holding company
- Cuba Bcorp Inc
- Established
- Jun 28, 1902
- Failed
- Jan 9, 1987
- Employees
- 14
- Id
- b12548
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is State Bank of Cuba?
$18.3 million in total assets and $17.7 million in deposits as of September 30, 1986, with assets down 12.7% from a year before. Its loans were $8.83 million.
Is State Bank of Cuba profitable?
No: it lost $669,000 from January 1 to September 30, 1986. Its return on assets was -4.58% a year; about 1% is typical.
Who owns State Bank of Cuba?
State Bank of Cuba is owned by Cuba Bcorp Inc, its holding company.
When did State Bank of Cuba fail?
Jan 9, 1987. National Bank Of Canton of Canton, IL took over its deposits. The estimated cost of the failure was $2.48 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.